Tag: your financial life
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Unleash the equity in your house with a HELOC
Posted On: November 23, 2021 by Falcon National Bank in: Your Financial Life | Personal Banking
Do you have home-improvement projects you are wanting to tackle but don’t have the excess cash readily available to do so? A Home Equity Line of Credit (HELOC) may be the perfect solution for you. A HELOC is a revolving loan that is secured by your house. It allows you to leverage the equity that you have in your house to gain access to funds to use for home-improvement projects, such as home renovations, debt consolidation, emergency expenses etc... HELOCs are a variable rate loan. You...
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Deciphering the Abbreviations and Terms on Your Bank Statements
Posted On: September 15, 2021 by Falcon National Bank in: Manage your Business | Business Banking, Your Financial Life | Personal Banking
As more and more banking options are available online, fewer and fewer people choose to receive paper bank statements every month, for businesses or those with multiple bank accounts, however, these statements are important to managing finances. Unfortunately, these statements are not always simple to read and understand. Some banks tend to include vague, misleading, or complicated information and sometimes even hidden fees. It might even feel like there is a secret banking language that...
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